Failure to conduct proper due diligence can mean billions in unwanted costs to your organization or your client. Due diligence can be a legal obligation, but the term more commonly applies to voluntary investigations designed to uncover hidden bad acts. It is imperative that attorneys understand and appreciate the potential risks presented by third parties. Effective due diligence investigations contribute to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to make the best choices based on cost, benefit, and risk.
In this CLE, learn about the purpose, legal requirements and recent developments for due diligence. Hear about organizational strategies to strengthen due diligence efforts and mitigate financial or operational risk. Attorneys from any size organization and any practice area will benefit.
After completing this course, you will be able to:
• Learn about the importance of understanding third parties for effective decision making
• Understand key concepts and components critical to successfully conducting due diligence
• Review specific laws that require due diligence
• Discuss the legal penalties and financial risks when due diligence fails
• Get tips on organizing an effective due diligence process
See CLE State Accreditation for credit details.
If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via webinar or webcast.